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HomeMy WebLinkAbout2017-593-7/24/2017 Prepared by LeAnn M. Even, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2017-593 RESOLUTION AUTHORIZING SALE AND CONVEYANCE OF A PORTION OF EAST SAN MARNAN DRIVE RIGHT-OF- WAY LOCATED ADJACENT TO 121-129 EAST TOWER PARK DRIVE, TO P AND H, LLC, IN THE AMOUNT OF $1.00, AND AUTHORIZE MAYOR AND CITY CLERK TO EXECUTE NECESSARY DOCUMENTS. WHEREAS, the City of Waterloo, Iowa is the owner of real property, generally located adjacent to 121-129 East Tower Park Drive, in the City of Waterloo, Iowa, as describe below, and WHEREAS, an offer to purchase said certain parcels of real property in the amount of $1.00, has been made by P and H, LLC, and WHEREAS, a public hearing was held on July 24, 2017 at 5:30 p.m. in the Harold E. Getty Council Chambers, City Hall, Waterloo, Iowa, as provided by law, by the Council of the City of Waterloo, Iowa, on the proposal to sell and convey property owned by the City of Waterloo, Iowa,to P and H, LLC, and WHEREAS, it is the opinion of this council that said sale and conveyance should be made as proposed. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA, AS FOLLOWS: 1. The following described real property, generally located adjacent to 121-129 East Tower Park Drive, as fully described in the published notice in the Waterloo Courier on July 14, 2017 is not presently needed and will not be needed in the foreseeable future for municipal purposes and its ownership is serving no municipal purpose. 2. That the offer of P and H, LLC, to purchase real property for the sum of $1.00 is hereby accepted for the real property described as follows: THAT PART OF THE NORTHWEST '/4 OF SECTION 10-88-13, WATERLOO, BLACK HAWK COUNTY, IOWA, DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF LOT 3, ANDERSON'S THIRD ADDITION, WATERLOO, BLACK HAWK COUNTY, IOWA, WHICH IS ALSO THE SOUTHERLY RIGHT-OF-WAY LINE OF E. SAN MARNAN DRIVE; THENCE S 88°43'24" E ALONG SAID SOUTHERLY R-O-W LINE 200.00 FEET; THENCE N O1°16'36" E 20.00 FEET; THENCE N 88°43'24" W 200.00 FEET; THENCE S O1°16"36" W 20.00 FEET TO THE POINT OF BEGINNING. THE SOUTHERLY RIGHT-OF-WAY LINE OF E. SAN MARNAN DRIVE IS ASSUMED TO BEAR S 88043'24" E., IN THE CITY OF WATERLOO, IOWA. 3. That the City of Waterloo, Iowa conveys said parcels of real property described above to P and H, LLC,by deed. 4. That the Mayor and City Clerk are authorized and directed to execute said deed. Resolution 2017-593 Page 2 5. That the original of said deed, fully executed and acknowledged, is hereby approved and confirmed by this Council. 6. That the City Attorney is authorized and directed to deliver said deed to P and H, LLC, upon receipt of$1.00. PASSED AND ADOPTED this 24th day of July 2017. Quentin Hart, Mayor ATTEST: elley F c le City Clerk CERTIFICATE I, Kelley Felchle City Clerk of the City of Waterloo, Iowa, do hereby certify that the preceding is a true and complete copy of Resolution 2017-593, as passed and adopted by the Council of the City of Waterloo, Iowa, on the 24th day of July 2017. Witness my hand and seal of office this 24th day of July 2017. elley Fele City Clerk SEAL